Why is the loss of one CEO the cause for universal mourning? Because he symbolized the kind of entrepreneurial capitalism that generates the fun that comes with creating the new.
Hardly anything unites Americans anymore — except for the death of Steve Jobs. His passing and the deep mourning for him across political, generational, and cultural divides remind us that we all can agree on one thing — that it is Jobs’s kind of capitalism, entrepreneurial capitalism, that we love, because it generates the incredible fun that comes with creating the new. His death reminds us that the big, disruptive innovations almost always come from entrepreneurs who embody their following and enable the dreams and talents that they have inside and haven’t yet expressed. It reminds us that all net new job growth in the U.S. comes from startups and businesses five years old or younger that begin in garages, college dorm rooms, or Starbucks cafés.